Share of Mangalore Refinery & Petrochemicals Ltd (MRPL) is currently trading at around Rs.167/-Investors are asking for the MRPL Share Price Targets for 2025, 2030, 2035 and 2040. In this article, we will discuss about the business prospects and financial performance of the Company and based on our discussion and analysis will tell you the MRPL Share Price Targets for 2025, 2030, 2035 and 2040.
Discussion & Analysis of Business & Financial performance with future business prospects of Mangalore Refinery & Petrochemicals Ltd:
Mangalore Refinery & Petrochemicals Ltd (MRPL) is currently navigating a mixed financial landscape, but its strategic positioning and future plans suggest cautious optimism for long-term growth.
Mangalore Refinery & Petrochemicals Ltd (MRPL), a subsidiary of Oil and Natural Gas Corporation (ONGC), operates one of India’s most complex refineries located in Mangalore, Karnataka. With a refining capacity of 15 million metric tonnes per annum (MMTPA), MRPL plays a vital role in meeting the country’s energy demands, producing a wide range of petroleum products including fuels, lubricants, and petrochemicals.
📉 Current Business Position
As of Q2 FY 2025–26, MRPL reported a 30.6% quarter-on-quarter (QoQ) increase in consolidated revenue, reaching ₹22,709.82 crore. However, this was offset by a 9.2% year-on-year (YoY) decline, reflecting broader industry pressures such as fluctuating crude oil prices and global demand uncertainties.
• Expenses rose 22.2% QoQ, driven by higher input costs and operational overheads.
• Net profit plunged 331.8% QoQ and 190% YoY, indicating margin compression and volatility in refining spreads.
• The company’s EPS stood at ₹3.58, signaling reduced profitability compared to previous quarters.
Despite these challenges, MRPL maintains a robust operational framework and continues to supply products across domestic and international markets. Its integration with ONGC provides strategic advantages in feedstock sourcing and financial backing.
🚀 Future Business Prospects
MRPL’s future outlook hinges on several key initiatives and macroeconomic trends:
• Petrochemical Expansion: MRPL is actively exploring diversification into petrochemicals, which offer higher margins and growing demand. This includes potential investments in polypropylene and other value-added products.
• Green Energy Transition: The company is aligning with India’s energy transition goals by investing in renewable energy and cleaner refining technologies. MRPL’s focus on sustainability could enhance its ESG profile and attract long-term investors.
• Digital and Operational Efficiency: Adoption of advanced analytics, automation, and digital monitoring systems is expected to improve plant efficiency and reduce downtime.
• Export Opportunities: With its coastal location and port connectivity, MRPL is well-positioned to expand exports to Southeast Asia and Africa, especially as regional demand for refined products grows.
⚠️ Risks and Challenges
• Global Oil Price Volatility: MRPL’s margins are sensitive to crude oil price swings and refining spreads.
• Regulatory Pressures: Environmental norms and carbon emission targets may require costly upgrades.
• Competition: Increasing competition from private refiners and international players could impact market share.
🧭 Strategic Outlook
MRPL’s strategy appears focused on diversification, efficiency, and sustainability. While short-term financials reflect industry headwinds, its long-term prospects are supported by infrastructure, government backing, and evolving market dynamics. Investors and stakeholders should monitor its petrochemical ventures and ESG initiatives as key indicators of future performance.
Share Price Targets:
MRPL Share Price Target 2025
Based on the above discussion and analysis, the share price of Mangalore Refinery & Petrochemicals Ltd may touch the level of around Rs.190–200 in 2025
MRPL Share Price Target 2030
Based on the above discussion and analysis, the share price of Mangalore Refinery & Petrochemicals Ltd may touch the level of around Rs.400–450 in 2030
MRPL Share Price Target 2035
Based on the above discussion and analysis, the share price of Mangalore Refinery & Petrochemicals Ltd may touch the level of around Rs.900–1000 in 2035
MRPL Share Price Target 2040
Based on the above discussion and analysis, the share price of Mangalore Refinery & Petrochemicals Ltd may touch the level of around Rs.2000–2500 in 2040
Disclaimer: Investment in Capital Market/Share Prices are subject to market fluctuations and are dependent on several factors. These predictions are based on the current market conditions and the future market expectations. Investors are advised to take into consideration all these factors before making any investment in Capital Market. This article should not be treated as Investment advisory and is for general Guidance & Educational purpose only. We keep revising our share price targets based on the latest information available with us. Please keep visiting our website regularly to keep yourself updated. MoneyInsight does not offer investment advice and does not encourage any action based on its content.
Read Also:
How to make maximum profit with minimum investment fro the Stock Market ? – MoneyInsight
Also Read :
How to make money from share market? (indiatimes.com)
Visit our another Group Website regularly for more such Educational Research Articles:
News4You – News & Views On Personal Finance & Share Market
Visit our Website regularly for more such Educational Research Articles:

